The Lakes

Population: 666
Median household income: $88,929
Median home value: $391,900

Located in Murray County, Minnesota, The Lakes is a community with a population of 666. Its median household income of $88,929 runs above the Murray County figure of $74,475.

From 2019 to 2023, The Lakes's population grew 5.5% from 631 to 666, while its median home value rose 18.4% from $331,000 to $391,900.

White (non-Hispanic) residents are the largest group, 94.6% of the population. 72.9% of workers drive to work alone.

Demographics

ACS 2019–2023

Population: 666
Median age: 63.4 yrs
Median household income: $88,929
Median home value: $391,900
Median gross rent: —
Housing units: 780
Homeownership rate: 94.4%
Bachelor's degree or higher: 30.4%
Unemployment rate: 1.8%

Trends

ACS 5-year · 2019–2023

Population

631666

Median household income

$82,500$88,929

Median home value

$331,000$391,900

Year	Population	Median household income	Median home value	Median gross rent
2019	631	$82,500	$331,000	$1,107
2020	661	$86,000	$308,900	—
2021	657	$88,750	$318,400	—
2022	647	$85,833	$360,000	—
2023	666	$88,929	$391,900	—

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 51.8%

5 to 178.3%

18 to 242.6%

25 to 342.1%

35 to 445.0%

45 to 5410.2%

55 to 6425.7%

65 to 7428.7%

75 and over15.8%

	Count	Share
Under 5	12	1.8%
5 to 17	55	8.3%
18 to 24	17	2.6%
25 to 34	14	2.1%
35 to 44	33	5.0%
45 to 54	68	10.2%
55 to 64	171	25.7%
65 to 74	191	28.7%
75 and over	105	15.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	630	94.6%
Black or African American	0	0.0%
American Indian & Alaska Native	1	0.2%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	18	2.7%
Hispanic or Latino (any race)	17	2.6%

Educational attainment (age 25+)

No high school diploma1.2%

High school graduate29.2%

Some college or associate's39.2%

Bachelor's degree20.8%

Graduate or professional degree9.6%

	Count	Share
No high school diploma	7	1.2%
High school graduate	170	29.2%
Some college or associate's	228	39.2%
Bachelor's degree	121	20.8%
Graduate or professional degree	56	9.6%

Commute to work

Mean travel time to work: 33 min

Drove alone72.9%

Carpooled6.4%

Public transit0.0%

Walked1.3%

Bicycle0.0%

Worked from home15.3%

Other means4.1%

How workers get to work

	Count	Share
Drove alone	229	72.9%
Carpooled	20	6.4%
Public transit	0	0.0%
Walked	4	1.3%
Bicycle	0	0.0%
Worked from home	48	15.3%
Other means	13	4.1%

Travel time

	Count	Share
Under 15 min	41	15.4%
15 to 29 min	104	39.1%
30 to 44 min	59	22.2%
45 to 59 min	19	7.1%
60+ min	43	16.2%

Households

Average household size: 1.96
Poverty rate: 3.5% (23 of 666)

	Count	Share
Family households	259	76.2%
Nonfamily households	81	23.8%

Housing

Median year structure built: 1984

Occupancy

	Count	Share
Occupied	340	43.6%
Vacant	440	56.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	321	94.4%
Renter-occupied	19	5.6%

1-unit, detached92.3%

1-unit, attached1.4%

2 to 4 units0.3%

5 to 19 units2.4%

20 or more units0.0%

Mobile home & other3.6%

Units in structure

	Count	Share
1-unit, detached	720	92.3%
1-unit, attached	11	1.4%
2 to 4 units	2	0.3%
5 to 19 units	19	2.4%
20 or more units	0	0.0%
Mobile home & other	28	3.6%

Geography

Place GEOID: 2764543
Type (LSAD): 57
Land area: 34 sq mi
Water area: 9.76 sq mi
Center point: 44.1049, -95.6702